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Does a trust protect assets from divorce | Krone vs dollar |
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How can I protect my assets in divorce?On divorce or separation, a family trust will be considered an asset of the property pool to be divided between the couple. Trusts: If structured properly, a trust can help protect assets in the event of divorce, provided all assets in the trust are treated as separate property and none of the distributions are commingled with marital assets. Trust assets are more likely to be deemed separate assets and not subject to division in the event of divorce if the trust is funded by someone.
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